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Nasdaq-100 comes onchain as Janus Henderson and Centrifuge launch first licensed fund

Nasdaq-100 comes onchain as Janus Henderson and Centrifuge launch first licensed fund

Photo: CoinDesk

The firm teamed up with tokenization platform Centrifuge to launch JQQQ, a fund tracking the Nasdaq-100 Index, home to tech giants including Nvidia, Apple and Microsoft. The fund is issued on the Stellar XLM $0.1853 blockchain, the companies said Tuesday. JQQQ follows the introduction of a similar onchain index fund product last year, the Janus Henderson Anemoy S&P 500 Fund (SPXA), which was the first tokenized index fund licensed by the S&P Dow Jones Indices. Janus Henderson said its onchain investment platform now includes more than $1 billion across Treasuries, structured credit and equities.

Also reported by Unchained.

Source: CoinDesk

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